Listed ACGBs to commence trading on May 21

The much-discussed trading of Australian Commonwealth government bonds (ACGBs) on the Australian Securities Exchange (ASX) will commence on May 21, the exchange and Australian Office of Financial Management (AOFM) revealed on May 8. The ASX will list CHESS depository interests (CDIs) on nominal and inflation-linked government bonds, allowing retail investors theoretical access to the full volume of outstanding securities.